BE 03 Diverse Motives -- Social Norms.docx

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Group #:_____ Name / Student ID:______________________ Behavioral Economics, Week 3: Are we “self-interested rational choice actors”? ULTIMATUM In-class: Do you understand the rules? What would the self-interest RCM predict? What actually happens? Why? What explains the allocator’s behavior? What explains the receiver’s behavior? What does mean for the ‘Self-interest RCM?’ Introspect! How would YOU feel as the allocator? As the receiver? How would these feelings influence your behavior? What does Joe mean by ‘deep rationality’? How is it related to your feelings? Where do these emotions come from? Nature or nurture? 1
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Group #:_____ Name / Student ID:______________________ Altruistic Punishment: The Public Goods Game How is the public goods game similar to ‘real-life’ situations? What happens in the punishment condition? What happens in the no-punishment condition? What does this suggest about real-world social groups? How would you encourage cooperation? The Great Thing About Science Disagree with anything you’ve seen today? If so, how can you show you’re right?
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